Help me with non-traditional appraisal products

[djd09]

Fannie Mae squeezing out appraisers with new automated program​

Value Acceptance + Property Data option means someone with a handheld device is going to stroll through your house.​

Fannie Mae squeezing out appraisers with new automated program

It means real estate agents or Uber drivers could be the ones evaluating your house.

www.ocregister.com

the truth...

 

[George Hatch]

Well, you didn't have to go through the experience hours, the 2 years as a trainee, required education, the interview with the state board, etc. after going through same for my CR. You took the same CG test that George made a 100 on. Now , some of you guys are retired or semi-retired but are still willing to take low fee work? I don't get why.

Geez, stop complaining already. The requirements you met for your CR have since increased, too; so that's also not "fair" to applicants who came later. You should check your privilege.

I worked for other people for 7 years (including 2 years after licensing) before going solo. And yes, it cost me to make my bones that way. I paid my dues up front. When licensing came online I was required to submit proof of that experience (the bank I worked for vouched for my non-res hours). The failure rates for the CG exam were still high - perhaps not 60% but I personally knew several veteran comm appraisers who didn't pass the exam the first time they took it.

The only step my state didn't include is the oral board, because gee, Calif has 12% of all the licensees in the nation. But if you think I would somehow have had any trouble passing a board exam at that point of my career then bless your heart. There is no point in my appraisal career where I would have been unable to keep pace with you in a board exam.

In 2024 I'm still doing what I was doing in 1990, and you're still doing what you've been doing during most of your career. Which is not what I'm doing. If you're unhappy with what you're doing then that's your own fault.

 

[Terrel L. Shields]

I discovered the listing agent for the subject property was the data collector.

That's the problem in a nutshell - is the inspector both competent and a disinterested third party.

 

[ucbruin]

Well, you didn't have to go through the experience hours, the 2 years as a trainee, required education, the interview with the state board, etc. after going through same for my CR. You took the same CG test that George made a 100 on. Now , some of you guys are retired or semi-retired but are still willing to take low fee work? I don't get why.

Because sometimes low fee is better than no fee....
Plus when I started, banks were paying $300....
With staff appraisers getting 40% of the fee....
Keep in mind that some appraisal fees were less than $300....

While I do feel sorry for appraisers who still have decades to go before SS bennies kick in....
Most of us are INDEPENDENT appraisers....

 

[djd09]

That's the problem in a nutshell - is the inspector both competent and a disinterested third party.

no name, no insurance, no deal...

 

[Mejappz]

I did notice none of them were women. Could you be biased?

I spoke with an appraiser last week, who is in his late 70s. He mentioned that one of the reasons he left the Appraisal Institute was due to discrimination his wife faced while pursuing her MAI. He believes that the recent influx of women into leadership roles at TAF and AI may be driven by a sense of guilt rather than merit. While these women may or may not be the most qualified for their positions, he feels that TAF and AI are primarily motivated by a desire to remedy the past.

 

[George Hatch]

One reason I never got involved with the AI is because I knew a LOT of appraisers who got held back in this region from getting an MAI designation because they didn't graduate from the right college and didn't work for the right shops. The local SREA chapter was a lot more open that way, but then the merger occurred and that was the end of that.

 

[Tiffany Gibbons]

I spoke with an appraiser last week, who is in his late 70s. He mentioned that one of the reasons he left the Appraisal Institute was due to discrimination his wife faced while pursuing her MAI. He believes that the recent influx of women into leadership roles at TAF and AI may be driven by a sense of guilt rather than merit. While these women may or may not be the most qualified for their positions, he feels that TAF and AI are primarily motivated by a desire to remedy the past.

That's true. I experienced the same trying to earn my MAI. They wouldn't accept my commercial hours without my being able to submit certain reports. My commercial mentor had died and they told me I would need to contact his estate to get copies of those reports. I had taken 3 of the 4 advanced classes by then. It's similar to all the 30 under 30, 40 under 40 promotions. No such thing when I started out. No "rising" stars. I was one of only 5 women in my area to earn a CG back in 2004. Yes, there's all the sudden lots of damage control out there with these organizations. Same with the CAE. All the men who earned it were instantly promoted to a higher position. They had an MAI grading the demo reports and he said I analyzed too many different ways of how I got my my site value, he didn't like my map, etc. The IAAO didn't like that I chose demonstratration over their messed up case studies, which were from 1978.

 

[Dublin ohio]

That's true. I experienced the same trying to earn my MAI. They wouldn't accept my commercial hours without my being able to submit certain reports. My commercial mentor had died and they told me I would need to contact his estate to get copies of those reports. I had taken 3 of the 4 advanced classes by then. It's similar to all the 30 under 30, 40 under 40 promotions. No such thing when I started out. No "rising" stars. I was one of only 5 women in my area to earn a CG back in 2004. Yes, there's all the sudden lots of damage control out there with these organizations. Same with the CAE. All the men who earned it were instantly promoted to a higher position. They had an MAI grading the demo reports and he said I analyzed too many different ways of how I got my my site value, he didn't like my map, etc. The IAAO didn't like that I chose demonstratration over their messed up case studies, which were from 1978.

You would make a good grief counselor, You could console people that had a death in the family, a terminal cancer diagnoses, etc. Just tell them you story of "My tragic life as an appraiser" and I am sure they would immediately realize that their personal tragedy pale in comparison to your trials and tribulations.

 

[djd09]

You would make a good grief counselor, You could console people that had a death in the family, a terminal cancer diagnoses, etc. Just tell them you story of "My tragic life as an appraiser" and I am sure they would immediately realize that their personal tragedy pale in comparison to your trials and tribulations.

you would make a good lab rat, or lap dog, so roll on over rover and get a piece of cheese...